References
- Albuquerque, R. (2012). Skewness in stock returns: reconciling the evidence on firm versus aggregate returns. Review of Financial Studies, 25, 1630–1673.10.1093/rfs/hhr144
- Arbel, A., & Jaggi, B. (1982). Market information assimilation related to extreme daily price jumps. Financial Analysts Journal, 38, 60–66.10.2469/faj.v38.n6.60
- Arora, A., Capp, L., & Smith, G. (2008). The real dogs of the Dow. The Journal of Wealth Management, 10, 64–72.10.3905/jwm.2008.701852
- Beedles, W. L., & Simkowitz, M. A. (1980). Morphology of asset asymmetry. Journal of Business Research, 8, 457–468.10.1016/0148-2963(80)90018-1
- Bland, J. M, & Altman, D. G. (1994). Statistics notes: Some examples of regression towards the mean. British Medical Journal, 309, 780.10.1136/bmj.309.6957.780
- Buffett, W. E. (2008, October). Buy American. I Am. The New York Times, p. 16.
- De Bondt, W. F. M. (1985). Does the stock market overreact to new information? (Unpublished Ph.D. dissertation). Cornell University, Ithaca, NY.
- De bondt, W. F. M., & Thaler, R. (1985). Does the stock market overreact? The Journal of Finance, 40, 793–805.10.1111/j.1540-6261.1985.tb05004.x
- Fama, E. (1965). The behavior of stock-market prices. The Journal of Business, 38, 34–105.10.1086/jb.1965.38.issue-1
- Fama, E. F., & French, K. (1988). Permanent and temporary components of stock prices. Journal of Political Economy, 96, 246–273.10.1086/261535
- Hotelling, H. (1933). The triumph of mediocrity in business. Journal of the American Statistical Association, 28, 463–465.10.2307/2278144
- Kahneman, D., & Tversky, A. (1982). Intuitive prediction: Biases and corrective procedures. In D. Kahneman, P. Slovic, & A. Tversky (Eds.), Judgment under uncertainty. London: Cambridge University Press.10.1017/CBO9780511809477
- Kahneman, D. & Tversky, A. (1984). Choices, values, and frames. American Psychologist, 39(4), 341–350.10.1037/0003-066X.39.4.341
- Keil, M., Smith, G., & Smith, M. (2004). Shrunken earnings predictions are better predictions. Applied Financial Economics, 14, 937–943.10.1080/0960310042000284678
- Kelley, T. L. (1947). Fundamentals of Statistics. Cambridge, MA: Harvard University.
- Keynes, J. M. (1936). The general theory of employment, interest and money (p. 148). London: Macmillan.
- Kim, M. J., Nelson, C., & Startz, R. (1991). Mean reversion in stock prices? A reappraisal of the empirical evidence. The Review of Economic Studies, 58, 515–528.10.2307/2298009
- Lord, Frederic M. & Novick, M. (1968). Statistical Theory of Mental Test Scores. Reading, MA: Addison-Wesley.
- Officer, R. R. (1972). The distribution of stock returns. Journal of the American Statistical Association, 67, 807–812.10.1080/01621459.1972.10481297
- Poterba, J. M., & Summers, L. (1988). Mean reversion in stock prices. Journal of Financial Economics, 22, 27–59.10.1016/0304-405X(88)90021-9
- Richardson, M. (1993). Temporary components of stock prices: A skeptic’s view. Journal of Business and Economic Statistics, 11, 199–207.
- Richardson, M., & Stock, J. (1989). Drawing inferences from statistics based on multiyear asset returns. Journal of Financial Economics, 25, 323–348.10.1016/0304-405X(89)90086-X
- Secrist, H. (1933). The triumph of mediocrity in business. Evanston, IL: Northwestern University.
- Smith, G. (2016). A fallacy that will not die. The Journal of Investing, 25(1), 7–15.10.3905/joi.2016.25.1.007
- Stigler, S. M. (2000). Statistics on the table, the history of statistical concepts and methods (p. 170). Cambridge, MA: Harvard University Press.
- Tversky, A., & Kahneman, D. (1991). Loss aversion in riskless choice: A reference dependent model. QuarterlyJournal of Economics, 107, 1039–1061.
- Zhang, X.-J. (2013). Book-to-market ratio and skewness of stock returns. The Accounting Review, 88, 2213–2240.10.2308/accr-50524